NSE IPO: Will the NSE IPO Break Records? Set to Create a Sensation in the Stock Market..
The NSE IPO is gearing up to create a major stir in the stock market soon. Following its listing, NSE Ltd could join the ranks of the country's top 15 largest companies. The exchange has already selected 20 merchant bankers for its upcoming IPO. According to media reports, existing shareholders of the country's largest stock exchange may sell a stake of approximately 4.5–5% through an Offer for Sale (OFS), potentially making this issue one of the largest IPOs on Dalal Street. Currently, its valuation in the unlisted market is estimated at around ₹5 lakh crore.
At present, the market capitalization of the country's top 15 companies ranges from ₹3.77 lakh crore to ₹18.87 lakh crore. This list includes companies ranging from Mahindra & Mahindra to Reliance Industries. Following a recent market downturn, this threshold has dropped from its previous level of ₹4.4 lakh crore. According to an analyst, based on the current valuation in the unlisted market, NSE's market capitalization could stand at approximately ₹4.7 to ₹5 lakh crore. This would place it in close proximity to the country's top 10 companies, although its exact ranking will ultimately be determined by its share price on the day of listing.
NSE Could Join the Ranks of Major Companies
A report also suggests that NSE could seek a valuation in the range of ₹6 to ₹7 lakh crore—approximately 40% higher than its current valuation in the unlisted market. If this scenario materializes, NSE could secure a spot among the top 10 largest companies in the country. Following the receipt of the No-Objection Certificate (NOC) and as the timeline for the IPO became clearer, the price of NSE's unlisted shares had at one point surged to ₹2,150. Currently, retail trades are being executed within the range of ₹1,900 to ₹1,925, and investor demand remains robust.
The World's Third-Largest Equity Exchange
In 2025, based on the volume of trades, NSE ranked as the third-largest equity exchange in the world. Furthermore, it maintained its position as the largest exchange in the derivatives segment, commanding a market share of 50.6%. Analysts believe that the NSE IPO could be one of the largest IPOs to date. Before this, Hyundai Motor India raised ₹27,858 crore in 2024, LIC raised ₹20,557 crore in 2022, and Paytm's parent company, One97, raised ₹18,300 crore in 2021.
Disclaimer: This content has been sourced and edited from TV9. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.

